On March 18, the index of Ukrainian shares on the Warsaw Stock Exchange (WSE) added 5.54% against the backdrop of expectations of US President Donald Trump’s conversation with Vladimir Putin regarding a possible ceasefire and peaceful settlement.
After a significant increase in the morning and afternoon, quotes of Ukrainian shares decreased somewhat. As of 14:45, shares of Milkiland added 1.69% from the start of trading, agricultural holdings “Agroton” and “IMK”, which have land near the front, increased by 2.74% and 15.26%, respectively, KSG-Agro – by 1.18%, and shares of the largest sugar producer in Ukraine “Astarty” rose by 1.78%.
Shares of Coal Energy, whose mines have been shut down by the war and previously the fastest growing, rose 4.46% on the day. All these shares are part of the index.
On the London Stock Exchange, where retail investors have less influence, the share price of agricultural holding MHP, Ukraine’s largest chicken producer, rose 3.86% on Tuesday morning, while shares of mining company Ferrexpo added 3.80%.
At the same time, there is no increase in quotations on the Eurobond market of Ukraine before the important conversation between the leaders of the USA and Russia. According to the data of the Frankfurt Stock Exchange, Ukrainian Eurobonds have even become cheaper – by 0.25-0.4%.
We will remind that the WIG-Ukraine index at the beginning of the full-scale war collapsed from 574.37 points to 361.98 points, and already in May of the same year it fell below 200 points. After Trump’s election victory in the fall, the index rose from about 240 to 350 points, and since mid-February, against the background of news about the start of peace talks, it has jumped to the current 644.74 points.
